American Jianye Greentech Holdings, Inc. Announces Full-Year 2009 Earnings Guidance

NEW YORK, March 25 /PRNewswire-FirstCall/ -- American Jianye Greentech Holdings, Inc., (OTC Bulletin Board: AJGH) (the "Company"), an alternative fuel company which develops, manufactures, and distributes alcohol-based automobile fuel products in the People's Republic of China, announced today that it will report full-year 2009 financial and operating results next week and offers year end guidance.

Mr. Haipeng Wang, CEO of American Jianye Greentech, commented, "Our 2009 fourth quarter results will reflect our successful efforts to distribute our clean energy fuels into the local Chinese market. The company now expects revenues for the fourth quarter ending, December 31, 2009, to be approximately $10.0 million, with after-tax income around $1.0 million. We're looking forward to making all of our year-end financials available to the public early next week."

Mr. Wang continued, "We believe that there is a huge potential market for our products in China, and we've already begun the process of establishing distribution channels and relationships with local and regional fuel enterprises, providing us the opportunity to introduce our products into these markets very quickly. We're very encouraged by the results of our marketing efforts to date."

About American Jianye Greentech Holdings, Inc.: American Jianye Greentech Holdings, Inc. is an alternative fuel company that develops, manufactures, and distributes alcohol-based automobile fuel products in the People's Republic of China. The Company's products are designed to function as a lower-cost, more environmentally friendly alternative to conventional gasoline-based auto fuel. For more information about AJGH, please visit http://americanjianyegroup.com.

Forward looking statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by American Jianye Greentech Holdings, Inc. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company with the United States Securities and Exchange Commission and other regulatory authorities.

SOURCE American Jianye Greentech Holdings, Inc.